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When Your Home Stays Too Long in the Market

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By : Sonia Smith    99 or more times read
Nowadays, it is common for a home to stay longer in the market because of the staggering number of homes for sale in today’s’ buyer’s market. If your home has been sitting in the market for a while without any offers or the offers you received are very low, you need to change your marketing strategy or make adjustments.

Below are some tips on what you should do when your home has been in the market for a long time.

  1. Try to put yourself in the place of a buyer and consider what would be a good deal for you. Although all buyers want a good price for their homes, it would be beneficial to consider adjusting the price of your home as long as you do not go too low. In other words, price your home reasonably to increase its chances of selling.

  2. Do a market research to find out your competition when selling your property. Make certain that you know the type of home you are competing and act accordingly instead of putting your home for sale without getting important information.

  3. Your home should show as its best light and flawless. Consider hiring a professional home stager to help bring out the best of your home.

  4. Although it could be tiring to keep showing your home to possible buyers, make certain that it is available for most buyers to look. Make your home seen at different times of the day to attract buyers to your front door.

  5. Catch the buyer’s eyes by boosting the curb appeal of your property. Trim the garden, mow the lawn and improve your front door to encourage homebuyers to look closely.

  6. De-clutter and make your home as neat and clean as possible. Pack unimportant items. Remember that the interior appearance of your home is equally important as its curb appeal. Do not forget that when it comes to home designing, less is best, most especially if you want to sell your home.
  7. Before you show your home to prospective buyers, make sure to do necessary repairs. Homebuyers could be turned off by repairs needed in some areas in your home and could impact its value.

  8. Marketing your home very important so make sure to advertise it not only on the local papers but on the internet as well. Online advertising is extremely important these days because most people now turn to the internet to find all the things that they need. Buyers usually start their home search on the internet so make sure your agent is found on the web. Additionally, make certain that your home is listed with the right descriptions. Include pictures of both the exterior and interior areas in your home.

Selling your home can both be easy and fun as long as you know the timing and some strategies to do in order to sell it successfully. The key is to know your market and find ways to sell your home effectively.
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